Dunn Evan 4
Research Summary
AI-generated summary
Serve Robotics (SERV) General Counsel Evan Dunn Sells 2,700 Shares
What Happened
Evan Dunn, Serve Robotics' General Counsel, reported a sale of 2,700 shares on 2026-02-04 at $10.33 per share, resulting in proceeds of $27,891. The filing notes the sale was made to satisfy tax withholding obligations tied to the settlement of vested restricted stock units (RSUs).
Key Details
- Transaction date and price: 2026-02-04 at $10.33 per share.
- Total proceeds: $27,891.
- Transaction type: Reported as a sale (S) — "open market or private sale" designation on the Form 4.
- Footnote: F1 indicates the shares were sold to satisfy tax withholding relating to RSU settlement (i.e., a tax-withholding sale).
- Shares owned after the transaction: Not specified in the information provided on this filing.
- Filing timeliness: Form filed 2026-02-05 for a 2026-02-04 transaction — appears timely (not indicated as late).
Context
Tax-withholding sales following RSU vesting are common and typically routine; they are used to cover tax obligations and do not necessarily signal the insider's broader view on the company. This report shows a single, small-value sale for withholding purposes rather than a larger discretionary divestiture.